Shanghai Fengyuzhu Culture Technology (603466.SH) plans to invest in Songying Technology to expand the company's business layout in the fields of digital experience and digital technology applications.

Shanghai Fengyuzhu Culture Technology (603466.SH) announced that, in order to further expand the company's business layout in the fields of digital experience and digital technology application, the company plans to invest in the equity of Songying Technology with its own funds. The total consideration for this equity investment transaction shall not exceed RMB 20 million. This investment is in line with the long-term development needs of the company, and will help integrate the company's existing resources in digital technology, 3D modeling, spatial display, and other core businesses, further improving the technical system and enhancing the overall business synergy.